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SunOpta Inc. Message Board

  • woofers6 woofers6 Nov 28, 2006 9:01 AM Flag

    My call is 30M gets them 10%


    so a cool 300M market cap for Bio. What will the disount be? Not much I suspect since two decades of experience and multiple major deals already in the works. Just add $5 a share for bioprocess figuring current $10 is aleady discounted and I see a $15 strike offer. Nice.

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    • I like your thinking. Minority interest I thought would be in the 1-5% range. Branson would want more than 1-5%. From a name dropping standpoint, I am thinking Bill Gates or Ted Turner. We already know that the guy from Sun ie McNealy is in on this somehow with Celunol.

      Gates is on a buying spree so expect some of his money to come this way.

      Get Ready to Load up.

    • Woofers6,

      10% for $30 mln would be blockbuster. I am thinking more in line of a 25-30% stake for $30 mln considering where we are in the process (revenues running around $1 mln per Q) and assuming that we will see one or more key investors (such as Khosla or Branson) which is worth its "goodwill weight in gold".

      • 2 Replies to heartandsoy2
      • Gates bought 25% of PEIX for $85 million when it was about the same place in terms of revenue & potential. He is still up about 120% on this investment even after the bubble collapsed on that stock, so I would think that is a pretty fair precendent.
        I'd say that puts $30 million more inline with a 10% share. Anything more and we'll probably see a negative reaction from the market whether it is fair or not.
        I agree that a big name investor with good connections would be worth a lot to the company and might justify a slightly higher amount of dilution.

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